Identify the following transactions by whether they belong in the Namibian current account or financial account, positively (contributing to a surplus in that account) or negatively. Put a plus or a minus sign in the appropriate column. 1. A Namibian farmer sells a truckload of potatoes to an Indian restaurant. 1. A Canadian professor is paid royalties on a textbook published by UNAM press. 1. A student in Kenya deposits Namibian dollars in Bank Windhoek, planning to pay tuition later at UNAM 1. A Namibian company buys a warehouse in China 1. Trustco pays dividends to holders of its stock in Brazil 1. A Brazilian widow buys stocks in FNB Namibia. Current account Financial account

Identify the following transactions by whether they belong in the Namibian current account or financial account, positively (contributing to a surplus in that account) or negatively. Put a plus or a minus sign in the appropriate column. 1. A Namibian farmer sells a truckload of potatoes to an Indian restaurant. 1. A Canadian professor is paid royalties on a textbook published by UNAM press. 1. A student in Kenya deposits Namibian dollars in Bank Windhoek, planning to pay tuition later at UNAM 1. A Namibian company buys a warehouse in China 1. Trustco pays dividends to holders of its stock in Brazil 1. A Brazilian widow buys stocks in FNB Namibia. Current account Financial account

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter31: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 4PA

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